India, Oct. 29 -- Huntington Ingalls Industries, Inc. (HII) shares surged about 9% on Thursday morning after the shipbuilder reported higher third-quarter revenue and profit and raised its full-year shipbuilding revenue outlook.

The stock is trading at $305.52, up $26.26 or 9.40%, on the NYSE. It opened at $304.79 after closing the previous session at $279.26. The stock has traded between $255.36 and $460.00 over the past 52 weeks.

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